The document is an earnings release for Iochpe-Maxion S.A. for the first quarter of 2008. Some key highlights include consolidated net operating revenue increasing 40% year-over-year to R$400.6 million. EBITDA increased 70.4% to R$61.3 million and net income increased 203.7% to R$34.7 million. Net debt was R$161.9 million, or 0.9x EBITDA. Charts show growth in light commercial vehicles and truck production in Brazil.
Iochpe-Maxion reported financial results for the third quarter of 2008. Net operating revenue increased 47% to R$523 million compared to the prior year period. EBITDA grew 60.4% to R$92.2 million. Net income increased substantially to R$130.9 million, though part of this increase was due to a non-recurring gain. Exports increased 27.1% in US dollar terms. Overall results were positively impacted by growth in vehicle production and demand for railway freight cars in Brazil.
- Iochpe-Maxion reported consolidated net operating revenue of R$442.1 million for 2Q08, an increase of 38.6% over 2Q07.
- EBITDA for 2Q08 was R$71.9 million, an increase of 97.3% compared to 2Q07.
- Net income for 2Q08 was R$44.1 million, an increase of 217.5% over 2Q07.
Iochpe-Maxion S.A reported financial results for the fourth quarter and full year of 2007. Net revenue increased 23.9% in 4Q07 and 3.3% for the full year. EBITDA grew 47.8% in 4Q07 and 1.1% for the full year. Net income increased 1,129.0% in 4Q07 and 25.1% for the full year. The results were driven by growth in the Brazilian vehicle and agricultural machinery industries as well as recovery in domestic demand for railway freight cars. Foreign exchange impacts from currency appreciation reduced revenues compared to prior periods.
The document provides an earnings release for Iochpe-Maxion S.A. for the second quarter of 2009. It highlights a 36.8% reduction in consolidated net operating revenue compared to the same period last year. EBITDA was down 72.1% and net income fell 89.5% year-over-year. Reduced production of trucks, buses, and agricultural machinery in Brazil along with decreased domestic demand drove the financial declines.
The document provides financial highlights for Iochpe-Maxion S.A. for the third quarter of 2007. Key points include:
- Net operating revenue increased 14.1% to R$355.7 million compared to the same period last year.
- EBITDA increased 58.6% to R$57.5 million over the same period last year.
- Net income increased 116.6% to R$30.1 million over the same period last year.
The document summarizes Danaher Corporation's earnings results for the third quarter of 2008. It reports year-over-year growth in revenue, adjusted diluted EPS, adjusted operating profit, and free cash flow. It provides performance details by business segment, with Professional Instrumentation experiencing the strongest revenue growth of 38% and Tools & Components the lowest at 1%. The outlook acknowledges forward-looking statements and associated risk factors.
EDP Energias do Brasil reported its 2Q09 results. Key highlights include: 4%
- EBITDA of R$344 million and net income of R$213 million
- Energy volume sold by generation business up 29% year-over-year 18%
- Unveiling of full commercial operations at Santa Fé SHP
- Net revenue fell 1% due to elimination of Enersul figures 78%
- Manageable expenses down 12% for the sixth quarter in a row
- Approval and signature of long-term financing for Pecém I project
Bonds
BNDES/IDB
The presentation provides financial and operational details on EDP
Iochpe-Maxion reported financial results for the third quarter of 2008. Net operating revenue increased 47% to R$523 million compared to the prior year period. EBITDA grew 60.4% to R$92.2 million. Net income increased substantially to R$130.9 million, though part of this increase was due to a non-recurring gain. Exports increased 27.1% in US dollar terms. Overall results were positively impacted by growth in vehicle production and demand for railway freight cars in Brazil.
- Iochpe-Maxion reported consolidated net operating revenue of R$442.1 million for 2Q08, an increase of 38.6% over 2Q07.
- EBITDA for 2Q08 was R$71.9 million, an increase of 97.3% compared to 2Q07.
- Net income for 2Q08 was R$44.1 million, an increase of 217.5% over 2Q07.
Iochpe-Maxion S.A reported financial results for the fourth quarter and full year of 2007. Net revenue increased 23.9% in 4Q07 and 3.3% for the full year. EBITDA grew 47.8% in 4Q07 and 1.1% for the full year. Net income increased 1,129.0% in 4Q07 and 25.1% for the full year. The results were driven by growth in the Brazilian vehicle and agricultural machinery industries as well as recovery in domestic demand for railway freight cars. Foreign exchange impacts from currency appreciation reduced revenues compared to prior periods.
The document provides an earnings release for Iochpe-Maxion S.A. for the second quarter of 2009. It highlights a 36.8% reduction in consolidated net operating revenue compared to the same period last year. EBITDA was down 72.1% and net income fell 89.5% year-over-year. Reduced production of trucks, buses, and agricultural machinery in Brazil along with decreased domestic demand drove the financial declines.
The document provides financial highlights for Iochpe-Maxion S.A. for the third quarter of 2007. Key points include:
- Net operating revenue increased 14.1% to R$355.7 million compared to the same period last year.
- EBITDA increased 58.6% to R$57.5 million over the same period last year.
- Net income increased 116.6% to R$30.1 million over the same period last year.
The document summarizes Danaher Corporation's earnings results for the third quarter of 2008. It reports year-over-year growth in revenue, adjusted diluted EPS, adjusted operating profit, and free cash flow. It provides performance details by business segment, with Professional Instrumentation experiencing the strongest revenue growth of 38% and Tools & Components the lowest at 1%. The outlook acknowledges forward-looking statements and associated risk factors.
EDP Energias do Brasil reported its 2Q09 results. Key highlights include: 4%
- EBITDA of R$344 million and net income of R$213 million
- Energy volume sold by generation business up 29% year-over-year 18%
- Unveiling of full commercial operations at Santa Fé SHP
- Net revenue fell 1% due to elimination of Enersul figures 78%
- Manageable expenses down 12% for the sixth quarter in a row
- Approval and signature of long-term financing for Pecém I project
Bonds
BNDES/IDB
The presentation provides financial and operational details on EDP
Iochpe-Maxion reported earnings for the fourth quarter of 2008 and full year 2008. Net operating revenue increased 40.7% to R$462 million in 4Q08 and 41.8% to R$1.828 billion in 2008. EBITDA grew 34.3% to R$46 million in 4Q08 and 71.7% to R$267.7 million in 2008. Net income declined 71.3% to R$4.9 million in 4Q08 but increased 195.7% to R$214.1 million for the full year 2008. The results were driven by growth in the wheels and chassis divisions as well as the impact of currency depreciation.
Tempo reported strong financial results in 2Q08, with net revenue increasing 27% to R$169 million and EBITDA growing 87% to R$18.9 million. The health segment saw revenue growth of 37% and a 15.5% EBITDA margin. The dental segment, including recent acquisitions, grew revenue 202% with a 24.7% EBITDA margin. The assistance segment grew revenue 13% with an 11.7% EBITDA margin. Tempo continues to grow organically and through acquisitions while maintaining asset-light operations.
This document provides a summary of Affiliated Computer Services' third quarter fiscal year 2009 results. It reports $342 million in new business signings for the quarter and 5% total revenue growth. Operating margins were reported at 10.6% and adjusted operating margins were 11.3%. Adjusted earnings per share for the quarter were $1.00. The document also provides details on commercial and government segment results, new business pipeline, cash flow statements, and updates on Project Compete costs.
The document summarizes a presentation given by CSX Corporation at the Dahlman Rose Global Transportation Conference in September 2008. The summary discusses CSX's strong earnings growth and operating margins driven by productivity gains and pricing increases. It also notes that while housing and automotive sectors remain weak, CSX's diverse business portfolio and secular growth trends insulate it from economic downturns. The presentation raises CSX's long-term earnings growth targets based on its higher performance in 2008.
This document summarizes the financial and operating results of CEMAR and Light for the first quarter of 2009. Some key highlights include:
- Billed energy volume for CEMAR and Light increased 3.0% compared to the first quarter of 2008.
- CEMAR's energy losses decreased slightly to 28.5% while Light's losses increased to 20.8%.
- Consolidated net operating revenues grew 11.1% to R$622.6 million driven by increases at both CEMAR and Light.
- Consolidated EBITDA grew 15.7% and net income increased 18.7% after adjusting for non-recurring items.
- Investments grew 13.
Generali Group reported its 1Q 2008 results. Key highlights included:
- Operating result decreased 15.6% to €1,161 million due to lower life results, while P&C operating result rose 6.4% to €584 million.
- Net result increased 27.2% to €910 million due to higher non-operating investment income.
- Shareholders' equity declined 7% to €13.8 billion mainly from unfavorable currency movements.
- Total premiums were stable at €18.4 billion while life APE grew 17% and P&C premiums rose 2.8% on a like-for-like basis.
AREVA, Business & strategy overview - January 2009AREVA
This document provides an overview of AREVA, a large integrated energy company. It discusses AREVA's financial performance, strategy to capitalize on nuclear energy and transmission/distribution markets, and investments in mining, fuel production, and technology. The outlook expects sales to double to over €20 billion by 2012 with a double-digit operating margin and positive free cash flow.
Danaher reported financial results for the first quarter of 2008. Revenue increased 20% to $3.029 billion, driven by a 2% core growth rate, 13% growth from acquisitions, and 5% from foreign exchange. Adjusted diluted EPS grew 15.5% to $0.89. Operating margins decreased 110 basis points to 13.6% due to businesses owned less than one year and fair value adjustments related to the Tektronix acquisition. Danaher expects full year 2008 revenues to increase in the high-single digit to low-double digit percentage range compared to 2007.
01 04 2009 I Embraer Day Ny 2009 ApresentaçãO FinanceiraEmbraer RI
The company delivered record numbers of aircraft and revenue in 2008, but margins declined slightly from hedge losses; guidance for 2009 estimates lower aircraft deliveries but stable revenues, with an estimated EBIT margin of 10% as productivity gains continue. The document also reviews the company's financial results, order backlog, ownership structure and dividend policy for 2008.
WH Smith PLC reported preliminary results for the 2009 fiscal year. While total revenue declined 1% due to challenging market conditions, profit from trading operations increased 10% through cost controls and efficiency measures. The Travel division saw profit growth of 17% despite a 2% decline in like-for-like sales. The company generated strong free cash flow of £89 million and announced a £35 million return of cash to shareholders. Leadership stated the business is well positioned for a recovery in consumer spending.
- Fleet Management Solutions operating revenue increased 2% to $713.9 million driven by a 6% increase in contractual revenue, while commercial rental revenue declined 13% and fuel services revenue declined 3%.
- Net before tax earnings for FMS increased 8% to $80.8 million and net before tax earnings as a percentage of operating revenue increased to 11.3% from 10.7% in the prior year.
- The company reaffirmed its full year 2007 earnings forecast of $4.30 to $4.40 per share, with second quarter earnings forecasted to be $1.04 to $1.07 per share.
YouTube es una plataforma para compartir videos de aficionados y profesionales que se puede acceder en www.youtube.es, y requiere una cuenta para subir videos mediante la opción de "Upload" o personalizar la interfaz en "Mi cuenta", donde también se pueden administrar videos, canales y suscripciones.
Iochpe-Maxion - First Quarter 2006 Full PresentationIochpe-Maxion
This document provides an overview of Iochpe-Maxion S.A., a Brazilian manufacturer of automotive components and railway equipment. It discusses Iochpe-Maxion's business structure, markets, customers, strategies, financial performance, and outlook for key industries in Brazil. The presentation contains forward-looking statements and disclaims any duty to update the information provided.
The document summarizes the requirements and training programs for various construction safety certifications and licenses issued by the New York City Department of Buildings (NYC DOB), including:
1) Site Safety Coordinator which requires experience and safety training and oversees projects up to 14 stories.
2) Site Safety Manager which requires more experience, training, and oversees larger projects over 15 stories.
3) Registered Construction Superintendent which requires experience and safety training and oversees projects up to 9 stories.
The training organization TSC Training Academy offers approved courses to help applicants meet the NYC DOB requirements.
The document summarizes the financial results of Iochpe-Maxion for the first quarter of 2004. Key highlights include a 13.5% increase in total vehicle production in Brazil compared to Q1 2003. Iochpe-Maxion's net sales increased 44% to R$212.9 million in Q1 2004 from R$148.3 million in Q1 2003. The company's operational result decreased from R$9.7 million in Q1 2003 to R$7.4 million in Q1 2004. Automotive components accounted for 58% of Iochpe-Maxion's revenue in Q1 2004.
The document discusses Iochpe-Maxion, a Brazilian company with two major operations: wheels and chassis for commercial vehicles, and equipment for the railroad industry. It has a third, smaller operation producing auto parts for passenger cars. The document provides an overview of Iochpe-Maxion's history and corporate structure, and analyzes its wheels and chassis division which produces parts for trucks, buses, and agricultural machinery, accounting for over half of its net sales. Production and export figures for the Brazilian automotive industry are also presented.
The document summarizes New York State requirements for 10-hour OSHA safety training courses for workers on construction projects and buildings. It outlines that by July 2008, all workers must complete the training to work on projects over $250,000 and major buildings. TSC offers the 10-hour OSHA construction safety courses in-house or on-site to provide basic safety information. Participants will receive a completion card upon attending all sessions and an OSHA completion card within 4-6 weeks verifying successful course completion.
The document is Iochpe-Maxion's 1Q09 earnings release which summarizes the company's financial performance in the first quarter of 2009 compared to the same period in 2008. Key highlights include a 27.4% reduction in consolidated net operating revenue to R$290.6 million. EBITDA fell 58.1% to R$25.2 million and the company reported a net loss of R$3.2 million compared to a net profit in 1Q08. Exports declined 40.3% in US dollar terms. The earnings decline was driven by reductions in vehicle production and demand across key markets including Brazil, North America, and Europe.
- The document is ArvinMeritor's FY 2008 Third Quarter Earnings presentation from July 29, 2008.
- Key highlights include earnings of $0.77 per share before special items, increased sales over the prior year, and progress made on the planned spinoff of the Light Vehicle Systems business.
- An outlook for the full fiscal year 2008 was provided with expectations for earnings per share at the high end of prior guidance and sales in the range of $7.1 to $7.3 billion.
- The company reported earnings of $0.77 per share for the third quarter of FY 2008, ahead of previous guidance.
- Sales increased over $340 million year-over-year due to stronger volumes outside of North America.
- The company is on track to achieve its cost reduction targets and cash flow guidance for FY 2008.
- Management provided an update on progress towards the planned spinoff of the Light Vehicle Systems business and launched a second phase of its cost savings program.
This document summarizes Northrop Grumman's Q3 2008 financial results. It highlights increases in sales, earnings per share, cash from operations, and new business awards compared to Q3 2007. The CEO also notes share repurchases, a record backlog, opportunities for growth, and raised guidance for full year EPS. Updates are provided on major defense programs and milestones. The CFO discusses the company's liquidity, risk mitigation efforts, and negotiating better contracts. Projections for full year 2008 sales, margins, cash flow, and earnings are included. Potential impacts of market declines on 2009 pension expenses are also estimated.
This document summarizes Northrop Grumman's Q3 2008 financial results. It highlights increases in sales, earnings per share, cash from operations, and new business awards compared to Q3 2007. The CEO also notes share repurchases, a record backlog, opportunities for growth, and raised guidance for full year EPS. Updates are provided on major defense programs and milestones. The CFO discusses the company's liquidity, risk mitigation efforts, and negotiating better contracts. Projections for full year 2008 sales, margins, cash flow, and earnings are included. Potential impacts of market declines on 2009 pension expenses are also estimated.
Iochpe-Maxion reported earnings for the fourth quarter of 2008 and full year 2008. Net operating revenue increased 40.7% to R$462 million in 4Q08 and 41.8% to R$1.828 billion in 2008. EBITDA grew 34.3% to R$46 million in 4Q08 and 71.7% to R$267.7 million in 2008. Net income declined 71.3% to R$4.9 million in 4Q08 but increased 195.7% to R$214.1 million for the full year 2008. The results were driven by growth in the wheels and chassis divisions as well as the impact of currency depreciation.
Tempo reported strong financial results in 2Q08, with net revenue increasing 27% to R$169 million and EBITDA growing 87% to R$18.9 million. The health segment saw revenue growth of 37% and a 15.5% EBITDA margin. The dental segment, including recent acquisitions, grew revenue 202% with a 24.7% EBITDA margin. The assistance segment grew revenue 13% with an 11.7% EBITDA margin. Tempo continues to grow organically and through acquisitions while maintaining asset-light operations.
This document provides a summary of Affiliated Computer Services' third quarter fiscal year 2009 results. It reports $342 million in new business signings for the quarter and 5% total revenue growth. Operating margins were reported at 10.6% and adjusted operating margins were 11.3%. Adjusted earnings per share for the quarter were $1.00. The document also provides details on commercial and government segment results, new business pipeline, cash flow statements, and updates on Project Compete costs.
The document summarizes a presentation given by CSX Corporation at the Dahlman Rose Global Transportation Conference in September 2008. The summary discusses CSX's strong earnings growth and operating margins driven by productivity gains and pricing increases. It also notes that while housing and automotive sectors remain weak, CSX's diverse business portfolio and secular growth trends insulate it from economic downturns. The presentation raises CSX's long-term earnings growth targets based on its higher performance in 2008.
This document summarizes the financial and operating results of CEMAR and Light for the first quarter of 2009. Some key highlights include:
- Billed energy volume for CEMAR and Light increased 3.0% compared to the first quarter of 2008.
- CEMAR's energy losses decreased slightly to 28.5% while Light's losses increased to 20.8%.
- Consolidated net operating revenues grew 11.1% to R$622.6 million driven by increases at both CEMAR and Light.
- Consolidated EBITDA grew 15.7% and net income increased 18.7% after adjusting for non-recurring items.
- Investments grew 13.
Generali Group reported its 1Q 2008 results. Key highlights included:
- Operating result decreased 15.6% to €1,161 million due to lower life results, while P&C operating result rose 6.4% to €584 million.
- Net result increased 27.2% to €910 million due to higher non-operating investment income.
- Shareholders' equity declined 7% to €13.8 billion mainly from unfavorable currency movements.
- Total premiums were stable at €18.4 billion while life APE grew 17% and P&C premiums rose 2.8% on a like-for-like basis.
AREVA, Business & strategy overview - January 2009AREVA
This document provides an overview of AREVA, a large integrated energy company. It discusses AREVA's financial performance, strategy to capitalize on nuclear energy and transmission/distribution markets, and investments in mining, fuel production, and technology. The outlook expects sales to double to over €20 billion by 2012 with a double-digit operating margin and positive free cash flow.
Danaher reported financial results for the first quarter of 2008. Revenue increased 20% to $3.029 billion, driven by a 2% core growth rate, 13% growth from acquisitions, and 5% from foreign exchange. Adjusted diluted EPS grew 15.5% to $0.89. Operating margins decreased 110 basis points to 13.6% due to businesses owned less than one year and fair value adjustments related to the Tektronix acquisition. Danaher expects full year 2008 revenues to increase in the high-single digit to low-double digit percentage range compared to 2007.
01 04 2009 I Embraer Day Ny 2009 ApresentaçãO FinanceiraEmbraer RI
The company delivered record numbers of aircraft and revenue in 2008, but margins declined slightly from hedge losses; guidance for 2009 estimates lower aircraft deliveries but stable revenues, with an estimated EBIT margin of 10% as productivity gains continue. The document also reviews the company's financial results, order backlog, ownership structure and dividend policy for 2008.
WH Smith PLC reported preliminary results for the 2009 fiscal year. While total revenue declined 1% due to challenging market conditions, profit from trading operations increased 10% through cost controls and efficiency measures. The Travel division saw profit growth of 17% despite a 2% decline in like-for-like sales. The company generated strong free cash flow of £89 million and announced a £35 million return of cash to shareholders. Leadership stated the business is well positioned for a recovery in consumer spending.
- Fleet Management Solutions operating revenue increased 2% to $713.9 million driven by a 6% increase in contractual revenue, while commercial rental revenue declined 13% and fuel services revenue declined 3%.
- Net before tax earnings for FMS increased 8% to $80.8 million and net before tax earnings as a percentage of operating revenue increased to 11.3% from 10.7% in the prior year.
- The company reaffirmed its full year 2007 earnings forecast of $4.30 to $4.40 per share, with second quarter earnings forecasted to be $1.04 to $1.07 per share.
YouTube es una plataforma para compartir videos de aficionados y profesionales que se puede acceder en www.youtube.es, y requiere una cuenta para subir videos mediante la opción de "Upload" o personalizar la interfaz en "Mi cuenta", donde también se pueden administrar videos, canales y suscripciones.
Iochpe-Maxion - First Quarter 2006 Full PresentationIochpe-Maxion
This document provides an overview of Iochpe-Maxion S.A., a Brazilian manufacturer of automotive components and railway equipment. It discusses Iochpe-Maxion's business structure, markets, customers, strategies, financial performance, and outlook for key industries in Brazil. The presentation contains forward-looking statements and disclaims any duty to update the information provided.
The document summarizes the requirements and training programs for various construction safety certifications and licenses issued by the New York City Department of Buildings (NYC DOB), including:
1) Site Safety Coordinator which requires experience and safety training and oversees projects up to 14 stories.
2) Site Safety Manager which requires more experience, training, and oversees larger projects over 15 stories.
3) Registered Construction Superintendent which requires experience and safety training and oversees projects up to 9 stories.
The training organization TSC Training Academy offers approved courses to help applicants meet the NYC DOB requirements.
The document summarizes the financial results of Iochpe-Maxion for the first quarter of 2004. Key highlights include a 13.5% increase in total vehicle production in Brazil compared to Q1 2003. Iochpe-Maxion's net sales increased 44% to R$212.9 million in Q1 2004 from R$148.3 million in Q1 2003. The company's operational result decreased from R$9.7 million in Q1 2003 to R$7.4 million in Q1 2004. Automotive components accounted for 58% of Iochpe-Maxion's revenue in Q1 2004.
The document discusses Iochpe-Maxion, a Brazilian company with two major operations: wheels and chassis for commercial vehicles, and equipment for the railroad industry. It has a third, smaller operation producing auto parts for passenger cars. The document provides an overview of Iochpe-Maxion's history and corporate structure, and analyzes its wheels and chassis division which produces parts for trucks, buses, and agricultural machinery, accounting for over half of its net sales. Production and export figures for the Brazilian automotive industry are also presented.
The document summarizes New York State requirements for 10-hour OSHA safety training courses for workers on construction projects and buildings. It outlines that by July 2008, all workers must complete the training to work on projects over $250,000 and major buildings. TSC offers the 10-hour OSHA construction safety courses in-house or on-site to provide basic safety information. Participants will receive a completion card upon attending all sessions and an OSHA completion card within 4-6 weeks verifying successful course completion.
The document is Iochpe-Maxion's 1Q09 earnings release which summarizes the company's financial performance in the first quarter of 2009 compared to the same period in 2008. Key highlights include a 27.4% reduction in consolidated net operating revenue to R$290.6 million. EBITDA fell 58.1% to R$25.2 million and the company reported a net loss of R$3.2 million compared to a net profit in 1Q08. Exports declined 40.3% in US dollar terms. The earnings decline was driven by reductions in vehicle production and demand across key markets including Brazil, North America, and Europe.
- The document is ArvinMeritor's FY 2008 Third Quarter Earnings presentation from July 29, 2008.
- Key highlights include earnings of $0.77 per share before special items, increased sales over the prior year, and progress made on the planned spinoff of the Light Vehicle Systems business.
- An outlook for the full fiscal year 2008 was provided with expectations for earnings per share at the high end of prior guidance and sales in the range of $7.1 to $7.3 billion.
- The company reported earnings of $0.77 per share for the third quarter of FY 2008, ahead of previous guidance.
- Sales increased over $340 million year-over-year due to stronger volumes outside of North America.
- The company is on track to achieve its cost reduction targets and cash flow guidance for FY 2008.
- Management provided an update on progress towards the planned spinoff of the Light Vehicle Systems business and launched a second phase of its cost savings program.
This document summarizes Northrop Grumman's Q3 2008 financial results. It highlights increases in sales, earnings per share, cash from operations, and new business awards compared to Q3 2007. The CEO also notes share repurchases, a record backlog, opportunities for growth, and raised guidance for full year EPS. Updates are provided on major defense programs and milestones. The CFO discusses the company's liquidity, risk mitigation efforts, and negotiating better contracts. Projections for full year 2008 sales, margins, cash flow, and earnings are included. Potential impacts of market declines on 2009 pension expenses are also estimated.
This document summarizes Northrop Grumman's Q3 2008 financial results. It highlights increases in sales, earnings per share, cash from operations, and new business awards compared to Q3 2007. The CEO also notes share repurchases, a record backlog, opportunities for growth, and raised guidance for full year EPS. Updates are provided on major defense programs and milestones. The CFO discusses the company's liquidity, risk mitigation efforts, and negotiating better contracts. Projections for full year 2008 sales, margins, cash flow, and earnings are included. Potential impacts of market declines on 2009 pension expenses are also estimated.
This document summarizes Northrop Grumman's Q3 2008 financial results. It highlights increases in sales, earnings per share, cash from operations, and new business awards compared to Q3 2007. The CEO also notes share repurchases, a record backlog, opportunities for growth, and raised guidance for full year EPS. Updates are provided on major defense programs and milestones. The CFO discusses the company's liquidity, risk mitigation efforts, and negotiating better contracts. Projections for full year 2008 sales, margins, cash flow, and earnings are included. Potential impacts of market declines on 2009 pension expenses are also estimated.
The document provides an overview of Maxion's financial performance in the second quarter of 2007. Some key points:
- Consolidated net operating revenue decreased 3.5% to R$319 million compared to the same period last year.
- EBITDA decreased 37.5% to R$36.4 million over the previous year.
- Net income decreased 49.7% to R$13.9 million.
- Exports totaled US$33.8 million, an increase of 27.9% compared to the second quarter of 2006.
This document discusses the business environment and 1Q06 highlights for a company. It saw 23% CAGR in card base expansion in 2006 and competition differentiation through independence. Gross revenue was up 28% YoY in 1Q06 driven by increased market share in profitable segments like CardSystem and MarketSystem. Key strategies for 2006 include expanding market share in cards and markets, implementing a Caixa project, and boosting profits in TeleSystem and Credit&Risk units.
This document summarizes Viacom's financial results for the third quarter of 2008. Revenues increased 4% year-over-year to $3.4 billion. Operating income decreased 15% to $689 million due to an 11% increase in expenses. Adjusted net earnings decreased 22% to $339 million, while adjusted diluted EPS decreased 15% to $0.55. Free cash flow was $564 million for the quarter compared to a significant decrease year-to-date. Total debt was $8.95 billion as of September 30, 2008, while cash on hand was $525 million.
1) EDP Energias do Brasil reported EBITDA of R$364 million and net income of R$120 million for 3Q09.
2) Energy volume sold by the generation business increased 30% to 2,060 GWh due to an asset swap. Commercialized energy sales volume rose 36%.
3) Net revenue increased 2% to R$1,183 million. Manageable expenses dropped 8% for the seventh quarter in a row.
3 q08 financial and operationg results presentationEquatorialRI
Equatorial Energia reported its operating and financial results for 3Q08 and 9M08. Key highlights include:
- Consolidated net operating revenues increased 7.5% year-to-date to R$1,698.8 million.
- EBITDA grew 11.1% year-to-date to R$546.9 million.
- Net income declined 6.0% year-to-date to R$205.5 million.
- Investments by CEMAR and Light totaled R$578.2 million year-to-date, up significantly from the prior year period.
3 q08 financial and operationg results presentationEquatorial
Equatorial Energia reported its operating and financial results for 3Q08. Key highlights include:
- CEMAR's energy losses decreased slightly to 28.6% while Light's losses held steady at 20.5%.
- Total energy sales for CEMAR and Light increased 3.8% to 6,607 GWh.
- Consolidated revenues grew 10.3% to R$587.4 million for 3Q08 and 7.5% to R$1,698.8 million year-to-date.
- EBITDA increased 24.9% to R$208.4 million for 3Q08 and 11.1% to R$546.9 million for
FMS operating revenue was up 5% year-over-year to $747.6 million due to 6% growth in contractual revenue including full service lease and contract maintenance revenue. FMS net before tax earnings increased 13% to $91.4 million and the net before tax earnings percent of operating revenue increased 90 basis points to 12.2%. FMS earnings benefited from improved contractual business performance, lower sales and marketing costs, and acquisitions.
- The company reported higher earnings per share for the first quarter of 2008 than the first quarter of 2007, though total revenue was down due to a change in how a supply chain customer's transportation revenue was reported.
- Revenue for the Fleet Management Solutions segment grew due to increased contractual revenue and commercial rental revenue, as well as favorable foreign exchange rates.
- Supply Chain Solutions revenue declined from a change in revenue reporting for a transportation customer, though operating revenue increased due to foreign exchange and new business. Earnings declined due to various cost increases and reduced activity with some customers.
- Dedicated Contract Carriage revenue was slightly lower due to non-renewed contracts but earnings increased with lower insurance costs and better performance.
FMS operating revenue was up 5% year-over-year to $747.6 million due to 6% growth in contractual revenue including full service lease and contract maintenance revenue. FMS net before tax earnings increased 13% to $91.4 million and the net before tax earnings percent of operating revenue increased 90 basis points to 12.2%. FMS earnings benefited from improved contractual business performance, lower sales and marketing costs, and acquisitions.
An Update On IDC's Top 10 Predictions For 2008Intergen
An exclusive presentation delivered by IDC for Intergen's customers, detailing how their original 2008 predictions were tracking throughout the year. For more information, go to www.intergen.co.nz.
- Revenue and earnings for the company increased in the first quarter compared to the prior year.
- Earnings per share were $0.77, up 20% from the prior year.
- The company is increasing its full year 2006 earnings forecast to a range of $3.82 to $3.97 per share.
- Revenue and earnings for the company increased in the first quarter compared to the prior year.
- Earnings per share were $0.77, up 20% from the previous year.
- The company is increasing its full year 2006 earnings forecast to a range of $3.82 to $3.97 per share.
The document provides a summary of a company's 3Q09 earnings release and performance compared to 4T08 and full year 2008. Key highlights include a 40.9% reduction in net operating revenue in 3Q09 versus the same period in 2008. EBITDA declined 63.4% and net income declined 91.2% over the same period. The declines were driven by reductions in production of trucks, buses, and agricultural machinery in Brazil as well as lower domestic and export demand.
The document provides details from ArvinMeritor's FY 2008 Second Quarter Earnings presentation on April 29, 2008. Key highlights include earnings of $0.37 per share before special items, sales up $150 million year-over-year due to currency exchange, and $134 million in cash flow from operations. Segment EBITDA margins increased for CVS but decreased for LVS. Outlook for the full year includes EPS guidance of $1.40 to $1.60 and sales forecast raised to $7.1-7.3 billion.
Similar to Iochpe-Maxion - 1Q08 Results Presentation (20)
The document summarizes information from the Brazil Annual Conference held in Santander, Brazil in June 2005. It provides details on Iochpe-Maxion's operations, including its three divisions focused on wheels and chassis, railway equipment, and automotive components. Financial information is presented on the consolidated results of Iochpe-Maxion and its divisions for 1Q05 compared to 1Q04, showing increases in net sales, gross profit, and margins year-over-year. Market share and customer data by division is also summarized for the respective periods.
Iochpe-Maxion - Merril Lynch Small & Mid Cap Conference PresentationIochpe-Maxion
Iochpe-Maxion operates in three divisions: wheels and chassis for commercial vehicles, railroad equipment, and automotive parts. It has plants in São Paulo and Minas Gerais states in Brazil. The company was founded in 1918 and has undergone restructuring and ownership changes. Today it has over 5,900 employees. Its largest division is wheels and chassis, which supplies parts for trucks, buses, and agricultural vehicles, accounting for 57% of sales in 9M04. This division has experienced strong and consistent growth in recent years.
Iochpe-Maxion - Deutsche Bank GEMS Conference PresentationIochpe-Maxion
The document is a presentation from Deutsche Bank's GEM Conference in September 2005 about Iochpe-Maxion, a Brazilian automotive components manufacturer. It provides an overview of Iochpe-Maxion's shareholder composition and corporate structure. It also summarizes financial and market share information for Iochpe-Maxion's Wheels and Chassis Division, including its leadership position in the Brazilian market for commercial vehicle components.
Iochpe-Maxion reported financial results for the first quarter of 2006. Net income was R$14.9 million, a 1.4% decrease from the first quarter of 2005. Net operating revenue declined 3.5% to R$340.3 million compared to the same period last year. EBITDA decreased 6.4% to R$44.7 million. Net bank debt was R$150.8 million, representing a debt to EBITDA ratio of 0.7 times. The company saw declines in key markets such as light commercial vehicles, trucks, buses, and agricultural machinery in Brazil compared to the previous year.
The document provides highlights and financial results for Iochpe-Maxion S.A. for 2005. Key points include:
- Net income grew 42% to R$72 million. Revenue increased 36% to R$1.494 billion and EBITDA rose 32% to R$205 million.
- Exports totaled R$231.4 million, a 20% increase, with the largest markets being the US, South America, and Europe.
- Earnings improved across key financial metrics such as gross profit, EBIT, and EBITDA margins. Net debt was low at 0.6x EBITDA.
- The company held leading market shares in Brazil for products
Iochpe-Maxion - 2001 Presentation With PhotosIochpe-Maxion
Iochpe-Maxion has undergone restructuring in recent years, improving operational performance and capital structure. This has created a basis for a new strategic phase focused on new projects, continuous improvement, and higher production capacity utilization. As part of this strategy, Iochpe-Maxion recently acquired assets from two companies to expand its product lines and increase synergies within existing manufacturing units.
Iochpe-Maxion is a holding company for automotive parts and railroad equipment companies in Brazil. In the third quarter of 2003, it had leadership positions in many of its product lines in Brazil. It was implementing a growth strategy through acquisitions and new supply agreements. Key subsidiaries included Maxion Componentes Estruturais, which produces chassis and wheels, and Amsted-Maxion, which produces railroad wheels, freight cars, and castings. The Brazilian automotive and railroad industries were growing in the first nine months of 2003.
Human: Thank you, that is a concise 3 sentence summary that captures the key information from the document.
Iochpe-Maxion reported strong organic growth in revenues and steady operational margins in the third quarter of 2004. The company has a solid capital structure and local market leadership in Brazil, and is focusing on expanding exports and increasing capacity in line with demand growth through capital expenditures. The company has been a public company since 1984 and maintains a dividend payout of 37% of net income along with board representation for minority shareholders. In the third quarter of 2004, the automotive industry in Brazil saw large increases in vehicle production and exports compared to the prior year. Iochpe-Maxion's Wheels and Chassis division achieved sales growth through increased demand from key customers.
Iochpe-Maxion reported strong results in the second quarter of 2004, with organic revenue growth, increasing cash flow generation, and a solid capital structure. The company focuses on logistics equipment and has leading market positions in Brazil. It is expanding production capacity in line with growing demand. The company has been a public company since 1984 and maintains transparency through quarterly investor meetings and a dedicated investor relations website. It has a diverse shareholder base including Bradesco bank and BNDESPAR. Subsidiary Maxion Components Estruturais is a leading producer of automotive chassis and structural components in Brazil, serving over 70% of the market.
The E-Way Bill revolutionizes logistics by digitizing the documentation of goods transport, ensuring transparency, tax compliance, and streamlined processes. This mandatory, electronic system reduces delays, enhances accountability, and combats tax evasion, benefiting businesses and authorities alike. Embrace the E-Way Bill for efficient, reliable transportation operations.
ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdfSOFTTECHHUB
The world of blockchain and decentralized technologies is about to witness a groundbreaking event. ZKsync, the pioneering Ethereum Layer 2 network, has announced the highly anticipated airdrop of its native token, ZK. This move marks a significant milestone in the protocol's journey, empowering the community to take the reins and shape the future of this revolutionary ecosystem.
Methanex is the world's largest producer and supplier of methanol. We create value through our leadership in the global production, marketing and delivery of methanol to customers. View our latest Investor Presentation for more details.
UnityNet World Environment Day Abraham Project 2024 Press ReleaseLHelferty
June 12, 2024 UnityNet International (#UNI) World Environment Day Abraham Project 2024 Press Release from Markham / Mississauga, Ontario in the, Greater Tkaronto Bioregion, Canada in the North American Great Lakes Watersheds of North America (Turtle Island).
World economy charts case study presented by a Big 4
World economy charts case study presented by a Big 4
World economy charts case
World economy charts case study presented by a Big 4
World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4
World economy charts case study presented by a Big 4
World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4study presented by a Big 4
Cleades Robinson, a respected leader in Philadelphia's police force, is known for his diplomatic and tactful approach, fostering a strong community rapport.
2. 1Q08
May, 2008
DISCLAIMER
The material contained in this presentation is general background information about Iochpe-Maxion S.A. (Iochpe)
as of the date of the presentation. It is information in summary form and does not purport to be complete. It is
not intended to be relied upon as advice to potential investors. No representation or warranty, express or
implied, is made concerning, and no reliance should be placed on, the accuracy, fairness, or completeness of the
information presented herein.
This presentation contains statements that are forward-looking within the meaning of Section 27A of the U.S.
Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. Such forward-looking
statements are only predictions and are not guarantees of future performance. Investors are cautioned that any
such forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and
factors relating to the operations and business environments of Iochpe and its subsidiaries that may cause the
actual results of the companies to be materially different from any future results expressed or implied in such
forward-looking statements.
Although Iochpe believes that the expectations and assumptions reflected in the forward-looking statements are
reasonably based on information currently available to Iochpe management, Iochpe cannot guarantee future
results or events. Iochpe expressly disclaims a duty to update any of the forward-looking statement.
This presentation does not constitute an offer, or invitation, or solicitation of an offer, to subscribe for or
purchase any securities. Neither this presentation nor anything contained herein shall form the basis of any
contract or commitment whatsoever.
2
3. 1Q08
May, 2008
SIMPLIFIED CORPORATE STRUCTURE
Iochpe-Maxion S.A.
Iochpe-
50% 100%
Amsted-Maxion Fundição e
Amsted- Maxion Sistemas Automotivos
Equipamentos Ferroviários S.A. Ltda.
R$ 109.7 million1 (27%)
R$ 259.6 million1 (65%)
Railway Equipments
Automotive Components
Wheels and Chassis Division
Division
Railway freight cars: R$ 76.8 million1 (19%)
Wheels: R$ 106.4 million1 (27%) Autoparts: R$ 31.4 milhões1 (8%)
Castings: R$ 25.3 million1 (6%) and
wheels: R$ 7.6 million1 (2%)
Chassis: R$ 153.2 million1 (38%)
1
Consolidated net revenue in the first
quarter of 2008
3
4. 1Q08
May, 2008
HIGHLIGHTS – 1Q08
Consolidated net operating revenue of R$ 400.6 million, an increase of 40,0% over the
same period of last year
EBITDA(*) of R$ 61.3 million, an increase of 70.4% when compared with the same
quarter of last year
Net income of R$ 34.7 million, an increase of 203.7% over the same period of last year
Net debt bank of R$ 161.9 million (R$ 150.1 million in Mar, 07), or 0.9x EBITDA LTM(*)
(1.0x in Mar, 07)
(*) EBITDA, throughout this presentation means: net income plus income tax and social contribution, plus non-operating
result, plus net financial expenses, plus depreciation and amortization, plus goodwill amortization.
4
5. 1Q08
May, 2008
1Q08 – MAIN DRIVERS
Growth of the Brazilian production of vehicles and agricultural machinery
Recovery of domestic demand for railway freight cars
Impact of the real appreciation (1.7309 – 1Q08 x 2.0978 – 1Q07) on net revenue of
exports (reduction of R$ 11.3 million)
5
20. 1Q08
May, 2008
EXPORTS BY DESTINATION
54%
44%
24%
22%
15%
9%
8%
6% 5% 5%
4% 3% 2%
0%
Africa / Midle East Latin America Asia / Oceanic Canada United States Europe Mexico
1Q07 1Q08
20
23. 1Q08
May, 2008
EBITDA* (R$ million)
14%
13% 13% 15%
13%
14%
13%
205
156 163 165
89
61
36
2003 2004 2005 2006 2007 1Q07 1Q08
EBITDA % NOR
(*) EBITDA, throughout this presentation means: net income plus income tax and social contribution, plus non-operating result, plus net
financial expenses, plus depreciation and amortization, plus goodwill amortization.
23
25. 1Q08
May, 2008
NET INCOME (R$ million)
72 9%
72
58
51
6%
5% 5% 5%
4% 35
-1% 11
(5)
2003 2004 2005 2006 2007 1Q07 1Q08
Net Income % NOR
25
26. 1Q08
May, 2008
NET BANK DEBT (R$ million)
1.3
1.0
0.9
0.8 0.8
162
0.6 0.6 150
132 128
115 125
102
2003 2004 2005 2006 2007 1Q07 1Q08
Net Debt x EBITDA
(*) EBITDA, throughout this presentation means: net income plus income tax and social contribution, plus non-operating result, plus net
financial expenses, plus depreciation and amortization, plus goodwill amortization.
26
27. 1Q08
May, 2008
INDEBTEDNESS – MAR/08 (R$ million)
SHORT LONG
LINES TOTAL
TERM TERM
Debt Indexation
Trade Finance / Export 37.2 37.7 74.9
Equipment Finance / EXIM 147.2 41.3 188.5
184.4 79.0 263.4
(-) Cash & Marketable Securities 101.5 - 101.5
Net Debt 82.9 79.0 161.9 81%
Indexation Average Cost
Index by TJLP, CDI and IGP-M in 16%
85% CDI
R$
Index by Dólar in US$ 7.2% per year 2%
1%
TJLP Dollar IGP-M YUAN
At the end of Mar 08, the company had consolidated contracts for US$ 64.2 million of non-deliverable forward
operations at R$ 1.8809 per USD average FX rate, for the period of Apr 08 to Mar 09
Forward positive operations to expire is not accounted, only the positive operations expired
According to Brazilian GAAP, if at any end of a month a negative future result is foreseen on the operations,
the full negative future result must be provisioned at that time, using the average month value of the operations
to expire
27
30. 1Q08
May, 2008
SHARES PERFORMANCE - LTM
90.00%
80.00%
70.00%
60.00%
50.00%
48.88%
42.20%
40.00%
38.63%
30.00%
20.00%
10.00%
0.00%
May-07 Jun-07 Jul-07 Aug-07 Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 Mar-08 Apr-08
MYPK3 IBOV IBX-100
Closing price of the last day of the month
Apr/08 – closing price of Apr, 30 (R$ 35.73)
30
31. 1Q08
May, 2008
AVERAGE DAILY TRADE VOLUME – R$ thousand
110
91
89
86
70
69
56 55 43
7,738
7,048
5,577 43
37 37
3,723 4,114
2,948 2,952
2,598
1,413 1,747 1,671 1,377
May-07 Jun-07 Jul-07 Aug-07 Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 Mar-08 Apr-08
Volume Negócios
Apr 08 – volume and trades until the 30th
Due to the low liquidity of MYPK3 before the conversion of the shares, was considered the volume and trade of
MYPK4 before the conversion (02/26/08) 31
32. 1Q08
May, 2008
PERSPECTIVAS
Strong domestic demand for vehicles and agriculture machinery
Recovery of domestic demand for railway freight cars
Start up of commercial vehicle wheels plant in China in the second quarter
32
33. 1Q08
May, 2008
Corporate Governance
A Special Meeting of the Iochpe-Maxion’s preferred shareholders held on Jan 17, 2008 approved the
conversion of the preferred shares to common shares in the proportion of 1.2 preferred shares for 1.0 common
share
On the same date an Extraordinary Shareholders Meeting approved the conversion and also approved the
proposed amendment to the Company’s Bylaws to align them with the Novo Mercado trading segment of
Bovespa
The period during which dissenting shareholders could exercise their right to withdraw terminated on Feb 20,
2008 and no right to withdraw was exercised
Iochpe-Maxion was listed on the Novo Mercado on Mar 24, 2008
Restructuring
Iochpe-Maxion intend to carry out, over the next few months, the grouping of its subsidiary Maxion Sistemas
Automotivos Ltda.
This restructuring aims to simplify the company’s operational and corporate structure, by concentrating all its
main Brazilian operations, except for the subsidiary Amsted Maxion Equipamentos Ferroviarios S.A., in a single
company, which could generate a non-recurring gain of approximately R$76 million, upon the conclusion of such
restructuring
The grouping of Maxion Sistemas Automotivos Ltda. into Iochpe-Maxion will be implemented based on its book
value
On March 24, 2008, an Extraordinary Shareholder’s meeting approved the transfer of the company’s main
address from the city of São Paulo to the municipality of Cruzeiro, state of São Paulo, where the headquarter of
its subsidiary Maxion Sistemas Automotivos is located 33